There are about 4.8m small and mid size businesses in the UK. Almost each one of them has become acutely adept at the management, control and distribution of costs. This has basically been the story in the last few years, courtesy the most awe-inspiring economic stringency in the later half of the past decade. With the economic growth somersaulting back to the pre-recession period, the want to capitalize on opportunities is at an all-time high. However, there is still a healthy number of SMEs that are missing out on a small trick as they continue to buy vehicles instead of leasing them; notwithstanding the happy bevy of van leasing offers that are in store.
The Lease Myth
There is a full cluster of myths when it comes to leasing a vehicle. The most pertinent is the theory that leasing is only for fleet cars. However, this is not necessarily the case at all times. Leasing is not only for businesses that need lots of vehicles. Some people think that leasing pertains mainly to the financial aspects of it. However, leasing companies also manage the vehicles for their customers. Business owners derive the best services from the vehicle, while they concentrate only on their businesses.
Some leading vehicle leasing companies support businesses of all sizes and sorts. These include sole traders, small businesses and micro firms. In fact, some of these leasing companies manage vehicles in the upward of 250,000. Consequently, customers draw better deals considering the mammoth market presence and high purchase power of the leasing company.
Key Takeaways
Leasing allows customers to drive the vehicle of their choice without spending a penny in excess to the minimum. Lessees also have the option to plan the entire investment that they make on the Pugeot Boxer lease. So they know the fixed monthly cost that they incur with the vehicle lease. Thankfully, the hidden surprises column with most vehicle leasing deals is nil.
Another major factor is asset depreciation. Those who believe that owning a vehicle is the best option, should know that the value of the vehicle will go down greatly in the coming years; at a rate much faster than imagined. Once the value of the vehicle has gone down, the owner has the onus to get rid of it, which on many occasions is thoroughly time consuming. Most business owners have other pressing needs which they would want to address.
Van leasing also saves customers from the additional VAT that they have to pay when they buy vehicles. With leasing, the VAT gets adjusted with the monthly instalments that customers pay. So even if the customer wants to buy the vehicle at the end of the lease, they get the vehicle free from VAT. While the tax has to be paid either way, paying the VAT at one go hurts all the more.
Perhaps the most beneficial among the advantages of leasing is the number of choices available in vans. Almost every van is available for lease these days. Van leasing offers are applicable on the likes of Mercedes, Volkswagen, Ford and Renault.
